Investing in expanding Phu Quoc International Airport to serve APEC 2027

ANH HUY |

The Government has just issued Resolution No. 01/2025/NQ-CP dated June 1, 2025 on investment in expanding Phu Quoc International Airport.

In the above Resolution, the Government agreed to invest in expanding Phu Quoc International Airport to serve the APEC 2027 Conference in the form of business investment as prescribed in the Investment Law.

The Government assigned the People's Committee of Kien Giang province to select domestic investors and organize the implementation of the Phu Quoc International Airport expansion investment project to ensure compliance with the nature of a joint civil and military airport.

At the same time, the Government decentralizes to the People's Committee of Kien Giang province to approve the investment policy and adjust the investment policy of the Phu Quoc International Airport Expansion Investment Project.

The order and procedures for approving investment policies and adjusting project investment policies are the same for projects under the authority of the Provincial People's Committee to approve investment policies according to the provisions of the law on investment.

In addition, the People's Committee of Kien Giang province is assigned to organize the appraisal and decision to approve the results of the appraisal of the environmental impact assessment report for the Phu Quoc International Airport Expansion Investment Project.

Organize the appraisal, approval of fire prevention and fighting designs and acceptance of construction items of the Phu Quoc International Airport Expansion Investment Project to ensure fire prevention and fighting safety in accordance with regulations.

The Government also agreed on the recovery and transfer of the status quo of Phu Quoc International Airport infrastructure assets invested and managed by the State from the Ministry of Construction to the People's Committee of Kien Giang Province to manage, handle and organize the implementation of investment projects to expand Phu Quoc International Airport.

The transfer of infrastructure assets of Phu Quoc International Airport to local management and handling does not apply to assets managed by the Airports Corporation - JSC (ACV) built on national defense and security land, land managed by the military (if any) according to the planning approved by the Ministry of Construction.

The Government requested the People's Committee of Kien Giang province to organize the implementation of receiving and managing the State-invested infrastructure assets of Phu Quoc International Airport to manage, handle and implement the Phu Quoc International Airport Expansion Investment Project.

ANH HUY
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